Arrowhead Pharmaceuticals Inc (ARWR)

Number of days of payables

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Payables turnover		10.31	2.93	47.02	9.44	8.53
Number of days of payables	days	35.42	124.63	7.76	38.68	42.81

September 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 10.31
= 35.42

The number of days of payables for Arrowhead Pharmaceuticals Inc has shown significant fluctuations over the past five years. In September 2024, the company took approximately 35.42 days, on average, to pay its payables, which represents an improvement from the previous year. This indicates that Arrowhead Pharmaceuticals is managing its payables more efficiently compared to the prior year when it took 124.63 days to settle its obligations.

In September 2022, the number of days of payables was at 7.76 days, indicating a very efficient payables management system in place, allowing the company to settle its payables promptly. This was a significant decrease from the previous year, suggesting improved financial management practices.

In September 2021 and 2020, Arrowhead Pharmaceuticals Inc took approximately 38.68 days and 42.81 days, respectively, to pay its payables, showing a slight increase in payment duration compared to the most recent year.

Overall, the trend in the number of days of payables for Arrowhead Pharmaceuticals Inc demonstrates variability in the company's ability to manage its payables efficiently. The recent decrease in the number of days of payables suggests an improvement in the company's financial performance and liquidity management.